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Accountants will not be fined for the mistakes of others – the law is published

On June 9, a new edition of the Administrative Code of the Russian Federation began to operate in terms of responsibility for gross violation of accounting. An innovation will be the conditions under which accountants or those with whom an accounting contract is concluded will not be fined.

Distortions can be made for any of these reasons:

  • primary documents drawn up by other persons do not correspond to the facts of economic life;
  • primary documents are not transmitted or transferred late.